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View Full Version : Here they come for the 401k's -


gates
October 10, 2010, 20:12
http://market-ticker.org/akcs-www?post=168743

MtnWulf
October 10, 2010, 21:20
This has been in the wings for awhile.

Why anyone would think that this government would let all of those billions just sit there for their owners to use is beyond me.

Why do people still participate in this rigged game?

Bama Steve
October 10, 2010, 21:32
Just tell us the addresses and names of those who need taking to the woodshed concerning this plot of theft.

We'll distribute it via mouth, email and text ahead of its passage - then the criminals will never escape justice.

Just tell us . . .

:D

2barearms
October 10, 2010, 21:58
They won't take your money per se, just give you an IOU for it:D
or I'm from the government and I'm here to help you.

If you jerk your money out as many will do you'll get nailed by the IRS or
you can let them convert it to long term treasuries and hope for the
best.

gates
October 10, 2010, 22:22
Here's the asshole who is pushing this...

http://www.newschool.edu/facultyexperts/....

http://www.newschool.edu/nssr/news.aspx?....

Department Contact


Department Address:
Department of Economics, Room 1124A
The New School for Social Research
6 East 16th Street
New York, NY 10003
Tel: 212.229.5717
Fax: 212.229.5724

Chair: Will Milberg

Senior Secretary: Barbara Herbst
Office: Room 1124A
Hours: Monday-Friday, 9:00 a.m.-5:00 p.m.
Phone: 212.229.5717 x3044
Fax: 212.229.5724
E-mail: gfecon@newschool.edu

cpd109
October 11, 2010, 05:12
Neither link helps. One is a error (or been yanked) and the other says there is no news for Oct 2010. No surprise with either really.

Jaxxas
October 11, 2010, 09:20
They don't actually have to raid the 401K's, all they have to do is scare people into believing they are going to tap the 401K's!

2barearms
October 11, 2010, 10:02
Originally posted by Jaxxas
They don't actually have to raid the 401K's, all they have to do is scare people into believing they are going to tap the 401K's!

Wouldn't this sort of move devastate the stock market and only give the
guvernment the leftovers?

Jaxxas
October 11, 2010, 18:33
Originally posted by 2barearms


Wouldn't this sort of move devastate the stock market and only give the
guvernment the leftovers?

I'm no Gates, but I believe you would be correct!

cpd109
October 12, 2010, 06:31
Here's an artilce I found this morning and has a little more detail.

http://www.shtfplan.com/headline-news/senate-hearing-seizure-of-401k-accounts-may-be-reality-soon_10112010

evan price
October 14, 2010, 02:22
http://www.humanevents.com/article.php?id=39336

Already having meetings to discuss how to use 401(k) money to bail out union pension funds.

This will put rifles in the street if they try it, absolutely.